Money sent or brought back by migrants as a share of gdp in Cayman Islands
Cayman Islands: Money sent or brought back by migrants as a share of gdp was 0.148 in 2024. ▼ Falling
Money sent or brought back by migrants as a share of gdp in Cayman Islands, 2016–2024
Source: Our World in Data.
Analysis
In 2024, money sent or brought back by migrants as a share of gdp in Cayman Islands stood at 0.148. That is the lowest value across all 9 years on record.
Compared with earlier readings it is down 0.2% on the previous year and down 46.2% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Cayman Islands peaked at 0.3017 in 2017 and was at its lowest, 0.148, in 2024.
That places Cayman Islands 170th out of 194 countries with data for 2024, putting it in the bottom quarter.
Money sent or brought back by migrants as a share of gdp in Cayman Islands, year by year
| Year | Value | Change |
|---|---|---|
| 2016 | 0.2751 | — |
| 2017 | 0.3017 | +9.6% |
| 2018 | 0.2578 | -14.5% |
| 2019 | 0.2381 | -7.6% |
| 2020 | 0.1593 | -33.1% |
| 2021 | 0.1685 | +5.8% |
| 2022 | 0.1916 | +13.7% |
| 2023 | 0.1483 | -22.6% |
| 2024 | 0.148 | -0.2% |
Cayman Islands compared with similar countries
- Cayman Islands's 0.148 is below the median for high income countries, which is 0.7013, 21% of the median. (69 countries reporting)
- Cayman Islands's 0.148 is below the median for Latin America & Caribbean, which is 2.87, 5% of the median. (37 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 0.2682 | 0.2381 | 0.3017 | 4 |
| 2020s | 0.1632 | 0.148 | 0.1916 | 5 |
Countries ranked near Cayman Islands
More population data for Cayman Islands
- Population regions with projections, annual growth rate -0.0474 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate -100 % change on previous year (2045)
- Population long run with projections, annual growth rate -0.0474 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1832 % change on previous year (2100)
- Projected population under age 5, annual growth rate -0.4891 % change on previous year (2100)
- Population growth rate -0.072 (2100)
- Population density 491.8 (2100)
- Projected population under age 5 5,086 (2100)
- Population growth rate by level of development -0.072 (2100)
- Urbanization vs gdp, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Cayman Islands?
- Money sent or brought back by migrants as a share of gdp in Cayman Islands was 0.148 in 2024, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Cayman Islands?
- The highest recorded value was 0.3017 in 2017.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Cayman Islands?
- The lowest recorded value was 0.148 in 2024.
- How does Cayman Islands rank for money sent or brought back by migrants as a share of gdp?
- Cayman Islands ranks 170th out of 194 countries with data for 2024.
- Is money sent or brought back by migrants as a share of gdp rising or falling in Cayman Islands?
- Over the last ten years it is down 46.2%. The long-run trend across the full record is falling.
- Where does this Cayman Islands data come from?
- The figures come from Our World in Data, published as part of Money sent or brought back by migrants as a share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 9 observations, free to reuse under CC BY 4.0 (Our World in Data).